Future Market Insights has announced the addition of the “Aircraft Exterior Lighting Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027" report to their offering.

Valley Cottage, NY -- (SBWire) -- 10/23/2017 --Considering the paramount global importance of air transport for achieving the highest speed of global connectivity and transportation, aircraft exterior lighting products & technology applications have been of prime importance from the multiple perspectives of enhanced air safety, superior features for improved functionality & aircraft manoeuvring. As aircrafts travel in multiple directions and climb and descend to change altitudes at a very high rate, the importance of the provision of superior aircraft exterior lighting for aircraft carriers worldwide becomes highly imperative to ensure safer as well as comfortable aircraft control and enhanced visibility, especially during night and low daylight or visibility conditions.

Also, given the advancements in aircraft exterior lighting technology with the advent of LED, OLED and other technologies coupled with standardization procedures followed by various air carriers & international airlines across countries, the demand for superior and advanced aircraft exterior lighting products is expected to witness a very high growth rate in near future. The aircraft exterior lighting market growth is also expected to be fuelled by increasingly stringent regulations being implemented by aviation regulatory bodies worldwide.

Hence, considering the vital applications of aircraft exterior lighting, the study of the aircraft exterior lighting market becomes an important read.

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Market Segmentation

On the basis of product type, the global aircraft exterior lighting market is segmented as follows:

Line fit aircraft exterior lighting
Retrofit aircraft exterior lighting

On the basis ofapplication, the global aircraft exterior lighting market is segmented as follows:

Heavy aircraft exterior lighting
Large aircraft exterior lighting
Small aircraft exterior lighting

On the basis ofend-use, the global aircraft exterior lighting market is segmented as follows:

Anti-collision aircraft exterior lighting
Navigation aircraft exterior lighting
Landing aircraft exterior lighting
Strobe aircraft exterior lighting
Beacon aircraft exterior lighting
Logo aircraft exterior lighting

On the basis oftechnology used, the global aircraft exterior lighting market is segmented as follows:

LED aircraft exterior lighting systems
OLED aircraft exterior lighting systems
Photo luminescent aircraft exterior lighting systems
Conventional aircraft exterior lighting systems
Custom operated aircraft exterior lighting systems

Key Trends and Drivers

These days, manufacturers of aircraft exterior lighting systems have been focusing aggressively on innovative product developments to develop and launch new aircraft exterior lighting systems that consume lesser power, thereby contributing to considerable aviation fuel savings.

It should be noted that the demand for new aircrafts is being fuelled by the ever rising number of international as well as domestic passengers along with the increasing air cargo transport and the need to replace old aircraft fleet with new aircrafts. This increase in demand for new aircrafts will, in turn, fuel the global demand for aircraft exterior lighting systems in future.

However, the relatively higher price of advanced power-saving aircraft exterior lighting systems is proving to be a deterrent for smaller, low-budget air carriers. This particular factor is seen to be hampering the growth rate of the global aircraft exterior lighting systems market.

Also, an increasingly stringent aviation regulatory environment is being witnessed across multiple countries which has translated into various aviation regulatory bodies of different countries making it mandatory for all aircraft carriers to install adequate aircraft exterior lighting systems for different purposes. For instance, the Federal Aviation Administration (FAA) of the U.S. Department of Transportation has made it mandatory for air carriers to ensure the installation of aircraft anti-collision lights and aircraft position lights in all aircraft carriers operating within the United States. Such developments are expected to significantly drive the growth of the global aircraft exterior lighting systems market in the years to come.

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Market Participants

Examples of some of the market participants operating in the global aircraft exterior lighting market are as follows:

Oxley Group
UTC Aerospace Systems
Astronics Corporation
Teledyne Reynolds Inc.
Cobham plc
Devore Aviation Corporation of America
Honeywell International Inc.
Amglo Kemlite Laboratories
Rockwell Collins
Whelen Engineering Co., Inc